UBA
Tony Elumelu will retire as UBA Group Chairman on August 21, with Emmanuel Nnorom succeeding him after the bank announced a planned leadership transition.
Explore Africa's evolving banking industry, driven by digital innovation and financial inclusion, featuring key institutions shaping the continent's financial future
A lady has taken to social media to recount her experience with TOny Elumelu, the chair of the United Bank for Africa (UBA). She shared the question he asked her.
Nigerian stock market extends losing streak for fourth session as profit-taking drives NGX All-Share Index down 0.49%, wiping N758 billion off market value.
Nigerian stock market fell on Monday as investors lost N984bn amid profit-taking in banking and oil stocks, weakening sentiment across NGX equities session.
Nigerian equities fell marginally on Thursday as profit-taking hit banking and consumer stocks, erasing weekly gains and reducing investor wealth by N72.74 billion.
Despite the rapid expansion of fintech companies, traditional banks continue to dominate deposit mobilisation and remain the primary custodians of customer funds.
Nigerian banks earned N209.18bn from account maintenance charges in the first quarter of 2026, up 14.07%, driven by strong fee income across major listed lenders.
Nigerian billionaire Tony Elumelu has earned an estimated N680 billion in five months after Heirs Energies acquired a 20% stake in Seplat Energy.
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